Articles

If we were smart, we would fully discount what the Gurus are saying. They are about as clueless as the paper boy, but far more irritating. They continue to pretend they know what they are talking about, even when they change their projections weekly if not daily.

The Wojtowicz are a family that have been dubbed economic survivalists. To simplify their life and cut expenses they have torn up credit cards, canceled satellite tv, planted a garden, and more.

John Bogle, founder of Vanguard, is one of the few smart people in the investment world. He always tells it like it is, even when he strikes close to home. In an interview recently, Bogle pointed his finger at mutual fund managers, retirement account managers, pension managers, money market managers, institutional money managers and the like -- people who charge or make large fees for their work and who together control some 70% of the shares of large public companies today.

The other day I decided to see just how much more an investor who put their money in the stock market would have earned versus someone who just stuck it into an FDIC insured savings or money market account. The analysis yielded some interesting conclusions.

Dylan Ratigan left CNBC and the ridiculous show that he created on Friday.

IBM, Microsoft, Oracle, Intel, Qualcomm and Apple could be vulnerable here.

Industry analysts estimate that the nation's banks are holding at least $2 trillion in troubled assets mostly residential and commercial mortgages. According to many, this has choked the entire financial system and caused a tie-up of the system. He finally has formalized his plans to fix the problem.

Bernanke's latest move is as bold as they come. But, its not certain to succeed.

Is gold really a hedge against inflation? The conventional wisdom says yes but the data seems to suggest otherwise. Indeed, the data suggestions that gold is not a hedge against inflation as it is portrayed.

The Labor Department reported today that the Consumer Price Index rose by .4% in February versus a .3% rise in January. The numbers fall comfortably within the Fed's target zone. For savers, the inflation rate is small enough to have a minimal impact.

Federal Reserve Chief Ben Bernanke appeared on 60 Minutes and said he believed the recession would end later in 2009. He also said he believed that rates would have to rise to forestall inflation.